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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: bull_dozer who wrote (205464)5/1/2024 3:00:27 AM
From: bull_dozer  Read Replies (3) | Respond to of 217847
 
China’s $170bn gold rush triggers Taiwan invasion fearsBeijing on record 17-month buying spree in what experts say is a move to guard against sanctions

China has built up a $170bn (£135bn) stockpile of gold after a record buying spree, in a move that has raised fears Beijing is preparing its economy for a possible conflict over Taiwan.

The People’s Bank of China (PBOC) bought 27 tonnes of gold in the first three months of the year, taking its reserves to a record high of 2,262 tonnes, according to data from the World Gold Council.

China has now been buying gold steadily since October 2022, marking its longest build up of the precious metal since at least 2000. The 17-month streak has increased its gold reserves by 16pc.


telegraph.co.uk



To: bull_dozer who wrote (205464)5/2/2024 9:46:31 AM
From: bull_dozer3 Recommendations

Recommended By
marcher
Pogeu Mahone
tntpal

  Read Replies (1) | Respond to of 217847
 
and the reply..

The message Boeing is sending here is being a passenger on our plane is still safer than being our whistleblower

<G>



To: bull_dozer who wrote (205464)5/2/2024 10:46:57 PM
From: Pogeu Mahone  Respond to of 217847
 



To: bull_dozer who wrote (205464)5/3/2024 12:23:41 PM
From: bull_dozer2 Recommendations

Recommended By
maceng2
SirWalterRalegh

  Read Replies (1) | Respond to of 217847
 



To: bull_dozer who wrote (205464)5/5/2024 2:48:34 AM
From: TobagoJack  Respond to of 217847
 
re <<f*cking f*cks>>

do not miss, re-watch everyone of three episodes, especially the second one, and see how China is helping USA Message 34657690



To: bull_dozer who wrote (205464)5/6/2024 11:13:53 AM
From: bull_dozer  Read Replies (1) | Respond to of 217847
 
>> the f*cking f*cks

China’s gold-buying spree could be the straw that breaks the dollar’s back

Beijing could hold the key to the imminent demise of the US currency’s special status

This is not necessarily anything sinister. It could simply be that the PBOC is a shrewd investor, capitalising on gold’s traditional appeal as a safe haven, a hedge against inflation and a means to diversify risk.

The Chinese authorities may just have been playing a rising market extremely well.

It is worth noting too that private Chinese citizens have also been enthusiastic buyers of gold as a way to get around the country’s strict capital controls, and at a time when domestic equity and property markets have been performing poorly.

Nor is China alone. According to the latest official data, Turkey actually bought more gold in the first three months of this year (about 30 metric tonnes) than China (27 tonnes), with India (18.5 tonnes) not that far behind.


telegraph.co.uk



To: bull_dozer who wrote (205464)5/22/2024 11:15:48 AM
From: bull_dozer  Read Replies (1) | Respond to of 217847
 
Chindians and BTFDians are thanking again...<G>